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IGES Side Event for UNFCCC SB30 on
“Reforming the CDM for the future climate regime”
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IGES held a side event for UNFCCC SB30 entitled “Reforming the CDM for the future climate regime” on 9th June in Bonn, Germany. |
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| Summary |
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Mr. Toshiro KOJIMA (Special advisor of IGES) gave an opening remark with a short introduction of IGES CDM capacity building activities in Asia, which is initiated by the Market Mechanism project (MM project) of IGES since 2003. He also explained the objectives of the side event were to share lessons learned from those activities, suggest possible options related to the CDM reform and to have an interactive discussion with an audience on this event. |
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Mr. Keisuke IYADOMI (Researcher of MM project)
firstly introduced a background of the IGES and activities conducted by the MM project activities including the CDM capacity building activities in Asia, followed by the explanation of the current status of the CDM projects using the IGES CDM Project Database. He pointed out the complexities of the current CDM procedures increase a transaction cost for the CDM and decrease the incentives for CDM project developers to develop CDM projects. As conclusion, the possible solutions were represented; 1) exemption from demonstrating additionality for specific projects, such as renewable energy, in Least Developed Countries (LDCs); and 2) adoption of the automatic emission reductions calculation sheet prior to preparation of the project design documents (PDDs), which is also published and updated by IGES. |
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Mr. Thy SUM (Chief, Climate Change Office, Ministry of Environment, Cambodia)
made a presentation on the CDM reform from the perspectives of a LDC. The CDM projects in Cambodia has little portion of the total CDM projects in the world, but in LDCs, Cambodia became a main CDM project host country after the support from institutions, including IGES. He emphasized the importance to overcome the following problems; 1) a limited reduction potentials and a shortage of essential data to calculate baseline emissions; 2) insufficient financial infrastructure to promote investments by foreign countries; and 3) the uniformed current CDM rules which do not take into consideration of technical and political circumstances in LCDs. He concluded that Cambodia has dealt with these problems by making submissions on changing the current CDM rules and procedures to the CDM executive board with support by IGES. |
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Mr. Yuji MIZUNO (Project manager of MM project)
claimed the importance of using co-benefits approach which is promoted by the Government of Japan for the CDM reform. He said a co-benefits approach should be adopted to ensure sustainable development (SD) in CDM host countries but people focus on new approaches such as sectoral crediting mechanism (SCM) in the current AWG negotiation. He cautioned that whether or not such new approaches really contribute to enhance SD in developing countries and emphasized that adopting a co-benefits approach would bring high SD which is one of the main objectives of the CDM. He added that exemption of additionality tests for specific projects would be necessary to further promote such co-benefits type of CDM projects. |
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Exemption of additionality tests was the main topic in the discussion with the audience, especially on the criteria for the projects exempted from additionality tests to measure their additionalities and assessment procedures for such type of projects. Mr. Taka HIRAISHI (Board of Directors and senior consultant of IGES) moderated the whole session of the event and commented on the importance of assessing additionalities of CDM projects. He also urged immediate actions for improving prolonged CDM review processes and predictabilities of the revenues from the certified emission reductions (CERs) of CDM projects. To alleviate their burdens of project developers and encourage further development of the CDM, he concluded the event emphasizing the need for continuous efforts to improve the current CDM rules and procedures more cost effective. |
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Agenda
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| I. |
Introduction of the event |
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Mr. Toshiro Kojima (Special Advisor of IGES, Former Vice Minister of the Ministry of the Environment, Japan) |
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| II. |
Prospects of the CDM in the future |
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Moderator: Taka Hiraishi (Senior Consultant, IGES) |
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i. Findings from IGES CDM Project Database (20 minutes including Q & A) |
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Mr. Keisuke Iyadomi (Researcher, IGES) 499KB |
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ii. Perspectives from the Least Developed Countries (LDCs) - Cambodia's experiences (15 minutes including Q & A) |
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Mr. Sum Thy (Chief, Climate Change office, Ministry of Environment, Cambodia)41KB |
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iii. The CDM under the AWG Negotiation (20 minutes including Q & A) |
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Mr. Yuji Mizuno (Market Mechanism Project Manager, IGES)37KB |
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Discussion (55 minutes) |
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Moderator: Taka Hiraishi (Senior Consultant, IGES) |
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Closing the event |
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Mr. Toshiro Kojima (Special Advisor of IGES, Former Vice Minister of the Ministry of the Environment, Japan) |
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Contact |
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Market Mechanism Project, Climate Change Area
Institute for Global Environmental Strategies (IGES)
E-mail:cdm-info@iges.or.jp |
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